Labour Harming Our Economy
ACT New Zealand Deputy Leader and Immigration Spokesman Dr Muriel Newman today accused the Labour Government's
mis-management of the key immigration portfolio as being responsible for effectively halving New Zealand's net migration
numbers.
"Immigration statistics released today have revealed that there has been a drop of 21,000 in net migration numbers from
last year," Dr Newman said
"This will have a severe impact on our economy - as already shown with last week's media reports that house prices have
stopped growing and are expected to slide - and can be expected to affect the property market to name but one.
"Labour's knee-jerk reaction to political pressure over the number of immigrants settling in New Zealand is
inconsistent with sound economic management. By taking a stop-start approach, rather than a considered and consistent
one, the Government has made a move that will have huge ramifications on New Zealand's economy," Dr Newman said.